Search results for wstETH
Crypto
Anchorage Digital adds support for Lido liquid staking protocol
Anchorage Digital, a federally chartered U.S. crypto bank, has added support for Ethereum liquid staking protocol Lido. The integration gives institutional clients direct access on Anchorage’s platform to Lido’s wrapped staked ether token, wstETH. Clients can connect to Lido’s decentralised application to mint and burn wstETH, and can use Anchorage custody and governance controls. Anchorage’s CEO said the move addresses operational and security hurdles for large investors.
Crypto
Aave deploys V3 lending protocol and launches GHO stablecoin on Monad
Aave has deployed its V3 lending protocol on Monad and begun supporting 12 assets, including the GHO stablecoin. The Monad Foundation plans to provide $15 million in incentives during the first 12 months after service activation. The deployment applies Chainlink Smart Value Recapture from the start, returning part of value generated during liquidations to the protocol. The Monad Foundation will buy 10 million GHO and hold it for at least six months.
Crypto
Ethereum breaks below $2,000 as early investor selling adds pressure
An early Ethereum investor sold about $136 million worth of ETH over the past week at an average price of $2,041, adding to market caution as the token slipped below $2,000. On-chain indicators, including supply distribution data, suggest recent supply movement has been driven more by short-term holders than long-term holders. Ethereum was at $1,980, down about 1 percent in 24 hours and 4.7 percent on the week, with analysts citing $1,800 and $1,500 as key levels.
